Answer:
$3623.85
General Formulas and Concepts:
Pre-Algebra
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
Equality Properties
Algebra I
Compounded Interest Formula:

- A is final amount
- P is principle amount
- r is rate
- n is compounded rate
- t is time in years
Explanation:
Step 1: Identify Variables
P = 3000
r = 0.065
n = 1
t = 3
Step 2: Find Final Amount A
- Substitute [CIF]:

- Multiply:

- Divide:

- Add:

- Exponents:

- Multiply:
